2. Complete the Profit and Loss Statement of Adonis Laundry Shop. Adonis Laundry Shop Profit and Loss statement December 31, 2018 Laundry Service Fees P ? Less: Operating Expenses Heat, Light & Power Salaries Expense Rental Expense Supplies Expense P 96,000 ? 60,000 48,000 276.000 Net Income 74.000

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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2. Complete the Profit and Loss Statement of Adonis Laundry Shop.
Adonis Laundry Shop
Profit and Loss statement
December 31, 2018
Laundry Service Fees
P ?
Less: Operating Expenses
P 96,000
Heat, Light & Power
Salaries Expense
Rental Expense
?
60,000
Supplies Expense
48,000
276.000
Net Income
74.000
Transcribed Image Text:2. Complete the Profit and Loss Statement of Adonis Laundry Shop. Adonis Laundry Shop Profit and Loss statement December 31, 2018 Laundry Service Fees P ? Less: Operating Expenses P 96,000 Heat, Light & Power Salaries Expense Rental Expense ? 60,000 Supplies Expense 48,000 276.000 Net Income 74.000
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